PPC Flexible Packaging LLC remains on the acquisition hunt, buying Target Labels & Packaging LLC for an undisclosed price.
It's the second deal in six months and seventh in less than four years for Buffalo Grove, Ill.-based PPC, a supplier of custom flexible packaging. Target Labels is based in North Salt Lake, Utah, and makes flexographic and digitally printed, laminated and converted packaging labels, as well as rollstock and pouches.
Target Labels sells to nutraceutical, snack, confectionary and specialty consumer markets focused in the western U.S. The firm was founded in 2006 by Jay Jenks.
In a May 4 news release, PPC CEO Kevin Keneally said that PPC's combination with Target Labels "enhances our western region position of servicing midsize SKUs and speed to market across key flexible packaging growth segments."
Jenks added in the release that Target Labels "is excited to be partnering with PPC to build our resources and combine our strengths for mutual growth."
All seven businesses acquired by PPC "have been successfully integrated into PPC Flexible Packaging's One PPC enterprise and are executing aggressive growth strategies," officials said.
PPC's most recent acquisition came in December, when it bought flexible packaging converter Custom Poly Bag Inc. of Alliance, Ohio, for an undisclosed price.
PPC does flexographic printing and converting of flexible films, bags and pouches. The firm now operates nine plants and employs more than 1,000. Markets served by PPC include clean room packaging for health care and medical applications, snack and organic brands, specialty produce, pet, bakery and horticulture.